just to be clear, the "bitcoin" in this proposal is a token of network traffic, more like your example of bittorrent than bitcoin really, with the caveat that i

just to be clear, the "bitcoin" in this proposal is a token of network traffic, more like your example of bittorrent than bitcoin really, with the caveat that it's built using an architecture more like bitcoin's. the incentives are simply based on a mutual desire to exchange traffic, like bittorrent. there's no monetary incentive, and i shudder to think what the consequences would be of thinking about network traffic as a traded commodity on some kind of market or exchange. (oh god that's almost the status quo!)